Services Sector PMI

November services PMI: Companies added more jobs in November, but the increase was mild and at a similar pace as compared to the last two months

November Flash PMI 2025: The overall growth remained strong, with the index staying well above the neutral mark

Services activity remained robust in May with PMI at 58.8 as exports surged and employment rose at the fastest pace on record despite mounting cost pressures

New business - a key gauge for demand - expanded at a sharp pace in May, largely aligned with growth rates seen from February through April

Companies report 'faster expansion' in employment to meet increased demand

The India Services Purchasing Managers' Index rose to 59 in February from a 26-month low of 56.5 in January

The Caixin/S&P Global services purchasing managers' index (PMI), released on Wednesday, fell to 51.5 from 52.0 in October

HSBC Bank survey says 'buoyant demand' led to a 'cascade of positivity for the sector'

Owing to lower readings in October and November, however, the latest quarterly average was the lowest since the fourth quarter of the financial year 2022-2023

The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool

While input costs increased at the fastest rate in nearly 14 years, prices charged rose at their quickest rate in around half a decade.

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Falls to 49.3 in March from February's 7-yr high of 57.5 as companies cut workforce

In PMI parlance, a print above 50 means expansion while a score below that denotes contraction

PMI for services, which is based on the responses of executives of 400 private sector companies, fell to 50.2 in May, from 51 in April

India's economic growth fell to 7.1% in the second quarter (July-September) of the current fiscal, from 8.2% in the April-June period

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 53.7 last month from 52.2 in Oct, its highest since July

Services growth hit slow lane in August

With improved demand conditions, jobs growth picked up from May's five-month low

The service sector plays a crucial role in India's economy as it contributes about 60% to the country's GDP